2013 and earlier Nissan Maxima Lease Questions

Comments

Greetings azzazzello. Unfortunately, what you were told is correct. The $1,500 customer cash that Nissan is currently offering on the 2007 Maxima is not compatible with its special lease program. Having said that, when the dealer told you that 42 month leases of the Maxima are the best value right now, they definitely were not correct. Nissan is really pushing 24 month leases of the Maxima SE at this time. Its money factor for 2 year leases of the Maxima SL is still the best deal, but it is not nearly as attractive as it is for the SE model. Its 42 month lease program is not very good.

Let's work up a couple of sample lease payments on the car that you are interested in for you and see what we come up with. According to my calculations, if you were to lease an '07 Maxima SL that has an MSRP of $30,900 and a selling price of $27,000 through Nissan Motor Acceptance Corp. right now for 24 months with 15,000 miles per year, your zero down, pre-tax monthly payment should be around $363. The payment for an otherwise identical 42 month lease should be around $401. As you can see, two years is definitely the way to go with the Maxima this month.

I'm glad that you have found these discussions so helpful, eurocarlov. Unfortunately, Nissan usually does not provide any owner loyalty incentives that I am aware of on its vehicles. It will likely be pretty expensive for you to get out of your current lease a year before its scheduled end date.

Greetings remedy. The 2007 Maxima SE that you described has a dealer invoice price of around $30,500, so the selling price that you were quoted is an outstanding deal. As steevo mentioned, I suspect that there may be some fluff hidden in your deal, perhaps in the registration fee, that is allowing this dealer to sell you the car for below dealer invoice. Even if there is $500 hidden in there somewhere, this is still a good price. I don't think that there is much room left to negotiate it. Make sure that the dealer that you are working with uses Nissan Motor Acceptance Corp.'s current 24 month buy rate lease money factor of .00016 to calculate your monthly payment and you're in business.

I am looking for the same info. I am looking for a 2007 max-se with drivers package. assume 200 over invoice. what are the current money factors and residuals for 24 and 36 month. Is 24 still the best with zero down?

I am waiting for my sales rep to return from vacation but was wondering, in the meantime, if I could find out what the money factor and residual amts. are on an 07 Maxima SL for May on LI, NY. I am turning in my previous lease. I would like the numbers for a 24 mo. and a 36 mo. Thank you.

Hi Brian. I believe that Nissan's May lease program is a little different than its April program. NMAC's current buy rate lease money factor and residual value for a 24 month lease of a 2007 Maxima SE with 12,000 miles per year are .00016 and 62%, respectively.

Hi christina271. This car's lease payment will vary depending upon how long you lease it for and what its mileage allowance is. For now I will assume that you are interested in a 24 month lease with 12,000 miles per year. This is NMAC's most attractive term for this car. According to my calculations, if you were to lease a 2007 Nissan Maxima SE that has an MSRP of $31,000 and a selling price of $27,000 through NMAC right now for 24 months with 12,000 miles per year, your zero down, pre-tax monthly payment should be around $332. This is a very attractive payment for this car.

Hi sagehen. 24 months is still Nissan's most attractive lease term for the Maxima. NMAC's current buy rate lease money factor and residual value for a 24 month lease of a 2007 Maxima SE with 15,000 miles per year are .00016 and 61%, respectively. The numbers for an otherwise identical 36 month lease are .00115 and 51%.

Here's the information that you are looking for, arleneg. Nissan Motor Acceptance Corp.'s current buy rate lease money factor and residual value for a 24 month lease of a 2007 Maxima SL with 15,000 miles per year are .00099 and 61%, respectively. The numbers for an otherwise identical 36 month lease are .00185 and 51%. As you can see, the SL's lease program is not quite as attractive as the SE's program.

To newcarforme, I personally do not think it is such a great deal. The $2700 down payment is the stickler. If you didn't put a down payment (which is advised not to do) it would cost you $368 a month(2700 divided by 39 =69 which would be added to the 299) Without a drivers pkg.--no deal. I don't think so anyway.

Please tell me what is the best money factor I should expect w/excellent credit. Wanting a 24 mo./20k per year lease on a Maxima SE with a $32,295 msrp incl. dest.Also,what would the residual be and are there any cash incentives if you are leasing?Thanks for your help!!! P.S. I live in Oklahoma

I have been told by dealerships that it does not. However, I do not see how the selling prices I have seen on this board can be around 4k off off window sticker. It looks like there is about $2800 between window and invoice on a 32k Maxima & the dealers I have spoken to aren't interested in going into their holdback.Please let me know what I am missing! Thanks

Now the residual is perplexing. As I was told, for a 39 month lease, it's 51%---however, for this same 39 months, they've calculated it as: $16,308.95. Now, based on an MSRP of $27,945-----$16,308.95 would put the residual @ 60%????

Hey newcarforme. I need both the MSRP and the selling price of the car that you are interested in to calculate a lease payment for it. Let me know what the MSRP is and I'll crunch some numbers for you.

Hello mhunter. Nissan Motor Acceptance Corp.'s current buy rate lease money factor and residual value for a 24 month lease of a 2007 Maxima SE with 15,000 miles per year are .00016 and 61%, respectively. 15,000 miles per year is the highest mileage allowance that NMAC publishes residuals for. If you need to drive more than this, you will have to purchase additional miles on a per-mile basis. It is less expensive to do so at lease signing than it is to wait until the end of your lease and have to pay an excess mileage penalty. Nissan is not currently providing any cash incentives on leases of this car.

Hi taepo518. Nissan Motor Acceptance Corp.'s current buy rate lease money factor and residual value for a 24 month lease of a 2007 Maxima SE with 15,000 miles per year are .00016 and 61%, respectively. This car's 12,000 mile per year residual value is 1% higher.